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Forbes Article "World's Most Profitable Flights"


mahdnc
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The article is titled "World's Most Profitable Flights" but the only figures given appear to be for gross revenue, not net profit (or even gross income). The author is a travel blogger (click on his bio) who sold an article to Forbes on a topic he clearly has no skills in: finance or accounting.

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It's also disingenuous because few would really use revenue per hour as a metric. Revenue per Available Seat Mile (RASM) is far more common as a metric, along with Cost per Available Seat Mile (CASM). Revenue per Passenger Seat Mile (RPSM) is another standardized metric. None of those numbers made the article.

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And who knows whether or not those revenue figures are reliable anyway?

 

There are at least two issues I can think of:

  1. I'm not sure that airlines are generally happy to publish these.
  2. In any case, how reliable is the attribution of revenue to any specific sector? Emirates has a spot high on the list with LHR-DXB, but a very high proportion of its traffic simply hubs in DXB. You can only get a proper view of the revenue earned on LHR-DXB by properly apportioning every fare paid by every passenger between that attributable to LHR-DXB and that attributable to the onward sector. Has that been done? Accurately? Reliably?

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